Costs within the UK rose even sooner than anticipated final month, reaching the very best degree in additional than 18 months, in accordance with official figures.
Inflation hit 3.8% in July, knowledge from the Workplace for Nationwide Statistics confirmed.
Not since December 2023 have costs risen as quick.
It is up from 3.6% in June and is forecast to achieve 4% by the top of the yr.
Economists polled by Reuters had solely been anticipating a 3.6% rise.
One other measure of inflation that is intently watched by charge setters on the Financial institution of England rose above expectations.
Core inflation – which measures value rises with out risky meals and power prices – rose to three.8%.
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